(ADDV-B) ADDvise - Ratings and Ratios

ADDvise Group AB (publ) is a leading supplier of equipment and solutions to healthcare and research facilities across the globe, including Europe, North America, South America, Asia, and other international markets. The company operates through two primary business units: Lab and Healthcare. The Lab business unit specializes in providing advanced laboratory furnishings, ventilation systems, climate-controlled environments, and specialized equipment tailored for the pharmaceutical and life sciences industries. This unit serves clients in sectors such as biotechnology, medical research, and pharmaceutical manufacturing, offering customized solutions to meet specific laboratory needs.

The Healthcare business unit focuses on developing and distributing medical equipment, pharmaceuticals, and consumables across various clinical specialties, including urology, gynecology, emergency care, and surgical applications. This unit also manufactures and markets surgical tables, as well as a range of cables, connectors, and wires used in medical settings. Additionally, the company provides rental and sales solutions for medical and laboratory equipment, particularly for clinical studies, and designs and installs customized cleanrooms, climate-controlled environments, and advanced air conditioning systems.

ADDvise Group AB (publ) further expands its portfolio by distributing medical devices such as continuous glucose monitors, insulin pumps, and orthopedic solutions, including implants and surgical instruments. The company also develops software and instruments for assessing patient mobility, pain levels, and muscle strength. In the realm of diagnostics, it offers healthcare and industrial ultrasound devices for both medical applications and non-destructive testing (NDT) inspections. Other key offerings include a mail-order pharmacy service, over-the-counter generic medications for pain management and respiratory conditions, and colorimetric CO2 indicators used to monitor breathing in critical care settings.

Originally established in 1989 as ADDvise Lab Solutions AB (publ), the company rebranded to ADDvise Group AB (publ) to reflect its expanded scope and diversified product lines. Headquartered in Stockholm, Sweden, ADDvise Group AB (publ) has grown into a significant player in the global healthcare and life sciences equipment market, with a strong commitment to innovation and customer-centric solutions.